Japan’s public and private sectors will need to invest a total of 150 trillion yen ($1.2 trillion) in decarbonisation over the next 10 years to help achieve the nation’s ambitious goal of becoming carbon neutral by 2050, the industry ministry... 

Amplifying calls for greater ambition on climate change and other environmental challenges in Turkey and around the world, the United Nations Development Programme (UNDP) and the Consulate General of Sweden in Istanbul organized a reception yesterday... 

Japan’s Prime Minister Fumio Kishida said on Thursday that it would use nuclear reactors to help reduce its own and other countries’ dependence on Russian energy. Japan has become more reliant on Russian gas since shutting down nuclear reactors... 

Germany wants to build four instead of three floating storage and regasification units (FSRUs) as it strives to replace Russian gas with liquefied natural gas (LNG) that can be sourced from many countries, the economy ministry said on Sunday. Chancellor... 

Carbon pricing, whether through trading or taxes, is considered one of the most important policies to reduce emissions. A price on carbon increases the operating costs of high carbon fuels relative to lower-carbon alternatives. This post introduces an... 

OPEC on Tuesday cut its forecast for growth in world oil demand in 2022 citing the impact of Russia’s invasion of Ukraine, rising inflation as crude prices soar and the resurgence of the Omicron coronavirus variant in China. In a monthly report,... 

According to the International Renewable Energy Agency (IRENA), solar energy now accounts for 28% of the world’s renewable electricity generation capacity, just ahead of wind with 27%. This time last year, the two were evenly matched at 26% each. Solar... 

The U.S. Transportation Department said on Thursday it would award $6.4 billion over 5 years to states to fund projects to reduce greenhouse gas emissions. The funding, part of a $1 trillion infrastructure bill approved by Congress in November, will help... 

How is the Russia/Ukraine war changing global energy markets? The Russia/Ukraine war has huge implications for energy markets, particularly energy policy and corporate strategies. Gas prices will remain high until 2026 at least. Europe wants to rapidly... 

Global electric vehicle sales hit an all-time high of 6.75 million in 2021, up 108% year-on-year, according to EV volumes.com data. Despite the epidemic, electric vehicle sales were 3.24 million units in 2020. While the market share of electric vehicles... 

MİMSAN, one of the companies that steer the heating and energy sector, has chosen MİMSAN for the “Morava Corridor Motorway Project” constructed by the ENKA-Bechtel joint venture, which is one of the prestigious projects abroad with its advanced... 

Carbon emissions in the European Union increased by 8.4% last year compared to the previous year. Excluding the aviation sector, the European Union’s (EU) carbon emissions increased by 8.4 percent in 2021. In 2021, the total carbon emission was...